Italian Design Brands S.p.A. (IDB) strengthens in Furniture entering the historic company "Turri"
19 September 2023
IR News
Italian Design Brands S.p.A., a diversified industrial group among the Italian leaders in high-end design, reached today an agreement to acquire 51% of Turri 2k S.r.l. ("Turri"), the company that controls Turri - The Italian way to beauty, historic brand operating in top-level furniture. The agreement is expected to be executed by the end of the year 2023. With this transaction, IDB continues to complete its coverage of Furniture positioning segments within its target market, namely the "Core High-End Design Furnishing market". The Group will also complement Turri's strong know-how in creating totally custom furniture products, primarily intended for prestigious luxury residential projects around the world.
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Italian Design Brands S.p.A. ha pubblicato questo contenuto il 29 settembre 2023 ed è responsabile delle informazioni in esso contenute. Distribuito da Public, senza apportare modifiche o alterazioni, il 29 settembre 2023 17:34:27 UTC.